Equities Market
- The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.91% to 29,110.90 Index Points and N13.227Tr respectively. Year-to-Date ASI is still at a positive of 8.45%.
- Number of trade, Volume of trade and Value of trade all decreased by 22.03%, 3.26% and 4.91% to 3556, 242.758 Million and N4.592 Billion respectively.
- LASACO topped the gainers’ table percentage price change by 7.69%, while BOCGAS led the losers’ chart with percentage price change by -9.09%.
- Market breadth was negative with Ten (10) price gainers and Eighteen (18) price losers.
Foreign News
Fed likely to keep interest rates on hold, focus on balance sheet